The aim of production is to produce the goods and sevices that we want. Justify the statement.
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Explanation:
The aim of production is to produce goods and services to satisfy the needs of people as per their demand. Four factors for production of goods and services are as follows : Land Land and other natural resources such as water, forests, minerals etc. Labour or Workers The workers provide necessary labour for production
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Answered by
1
Answer:
The aim of production is to produce goods and services to satisfy the needs of people as per their demand.
Four factors for production of goods and services are as follows :
1.Land
2.Other natural resources such as water, forests, minerals etc.
3.Labour or Workers
-The workers provide necessary labour for production.
Explanation:
Hope this helps you.
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